091-2230-8145     |      dataprojectng@gmail.com

ADEQUACY OF FUNDING AND GROWTH OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN NIGERIA

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

The study examined the adequacy of funding and growth of small and medium enterprises (SMEs) in Nigeria. The cross-sectional research was adopted and primary data (questionnaire) formed the major instrument of data collection. Three hundred and thirty-one (331) questionnaires were administered, out of which 309 were fully completed and retrieved. The data obtained in the fieldwork were analysed using both descriptive (mean, standard deviation, simple percentages) and the inferential (simple regression) statistical tools. Findings indicated that, while venture capital and business angels significantly affected SMEs growth, bank overdraft and trade credit had insignificant effect on the growth of SMEs. Given the findings, it was recommended among others that SMEs should discourage the use of trade credits and bank overdraft in funding SMEs. Also, there should be good policies by the government aimed at encouraging venture capital and business angels to promote SMEs growth.




FIND OTHER RELATED TOPICS


Related Project Materials

INFLUENCE OF GRAPHICS COMMUNICATION ON THE NEWSPAPER PUBLICATION AND PATRONAGE

Abstract

The study examines the influence of graphics in the newspaper publication with fo...

Read more
AN EMPIRICAL ANALYSIS OF THE EFFECT OF COVID-19 PANDEMIC ON MARRIAGE SUSTAINABILITY

BACKGROUNG OF THE STUDY

Marriage is a formal and legal union of a man and a woman by which they become...

Read more
THE IMPACT OF INFORMATION TECHNOLOGY IN TEACHING AND LEARNING OF HOME ECONOMICS IN TERTIARY INSTITUTIONS

ABSTRACT

The study examined the use of information technology in teaching and learning of home economics at the Universi...

Read more
ENVIRONMENTAL IMPACTS OF AUTOMOBILE WASTE DUMP ON SOIL

ABSTRACT

Soil is the essential ingredient in any farming enterprise. When it is in poor health, plants cannot grow to th...

Read more
PARAMETRIC ANALYSIS AND SIMULATION OF A TUGBOAT PROPELLER BLADE

ABSTRACT

The parametric analysis of a tugboat propeller blade was carried out with solidworks computer aided simulation software. The aim...

Read more
DESIGN AND CONSTRUCTION OF AN AUTOMATIC CHANGE OVER SWITCH WITH GENERATOR CUT OFF AND STARTER

ABSTRACT

Power supply in Nigeria and most developing countries of the world is anything but stable. This has adverse eff...

Read more
EVALUATION OF LEADERSHIP STYLES OF PRINCIPALS OF SECONDARY SCHOOLS IN ZONKWA EDUCATION ZONE, KADUNA STATE

ABSTRACT

The study entitled the Evaluation of Prevailing Leadership Styles in Zonkwa Education Zone Secondary Schools, Kaduna State has s...

Read more
BRAND STRATEGY AS AN EFFECTIVE TOOL FOR CORPORATE IDENTITY

ABSTRACT

This research was carried out with the objective of determining the impact of brand strategy as an effective t...

Read more
THE DESIGN AND IMPLEMENTATION OF SOFTWARE FOR AUTOMOBILE INSURANCE SCHEME IN NIGERIA

ABSTRACT

The broad objective of this study focused on the design and implementation of software for automobile insurance...

Read more
SOCIAL MEDIA NETWORK CONTRIBUTION TO THE DEVELOPMENT OF HOSPITALITY INDUSTRY

STATEMENT OF RESEARCH PROBLEM

          The hospitality in...

Read more
Share this page with your friends




whatsapp